Blockchain venture capital firm BlockBooster has launched its first fund, the BlockBooster Digital Venture Fund I, with a size of $50 million

Odaily reported, according to Reuters, that blockchain venture capital firm BlockBooster announced on May 15 the launch of its first fund, the BlockBooster Digital Venture Fund I, with a size of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain trading ecosystem, on-chain asset management, and real world asset (RWA) tokenization, marking the company's official entry into the digital economy sector as a full-fledged alternative asset manager.

Founded in 2023, BlockBooster has received support from institutional investors such as OKX Ventures. The company's founder and CEO, Samuel Gu, stated, "Deep incubation is the most proactive form of asset management," and that the launch of this fund represents a significant step in institutionalizing its venture incubation capabilities.

It is reported that the fund's initial portfolio investments will be announced in the coming weeks.